There would definitely be a knowledge gap in switching/adding something new to your portfolio, and bigger gambles could mean bigger losses in the event of a mistake while learning. 

Owning a property for a year is a tough gamble, since you pay a lot in selling commissions, etc so breaking even is tough. 

Nicely done.it the thought process that we see on BP   IE   Cash flow is everything and appreciation is gambling and i don't care if I ever get appreciation as long as I get some cash flow. 

this is why I personally am bullish on Vegas.. at least the newer areas of Summerlin or Henderson.. homes that were built in the 90s or 2000s  Stucco  tile roofs desert landscape.. with A class tenants  no income tax and  property tax's subsidized by gambling. property tax's are by far teh lowest I have ever seen in the US for investors..

If you're playing the currency arbitrage game, that's fine, but you're gambling.

Taking a little bit of a gamble that the property won't have any major damage, but they've been good tenants so I don't expect that to be the case. 

Here is my response to that question:I don't go to casinos to gamble.

I've considered waiting for the auction and bidding there for the clean title, but I'd rather get it at a fair price than gambling on what would happen at auction - I've never bid at a foreclosure auction, so I don't know the mechanics.

Lead / Deadwood is further north and has gained popularity for adults due to gambling in Deadwood and is a good winter area due to Terry Peak skiing and snowmobiling.

Long story, her husband thought real estate investing is gambling and speculation, so they always lived in a SFH.